Vital Farms (FRA:5KH) Effective Interest Rate on Debt % : 4.58% (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Vital Farms Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Vital Farms's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €1.0 Mil. Vital Farms's average total debt for the quarter that ended in Jun. 2024 was €20.9 Mil. Therefore, Vital Farms's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.58%.

Vital Farms Effective Interest Rate on Debt % Historical Data

The historical data trend for Vital Farms's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vital Farms Effective Interest Rate on Debt % Chart

Vital Farms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.99

12.67

9.74

2.08

4.66

Vital Farms Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.67	7.63	5.55	4.44	4.58

Competitive Comparison of Vital Farms's Effective Interest Rate on Debt %

For the Farm Products subindustry, Vital Farms's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vital Farms's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vital Farms's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vital Farms's Effective Interest Rate on Debt % falls into.

Vital Farms Effective Interest Rate on Debt % Calculation

Vital Farms's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.717	/	( (10.094	+	20.691)	/ 2 )
=	-1 * -0.717	/	15.3925
=	4.66 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.472	+	2.622
=	10.094

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.903	+	5.788
=	20.691

Vital Farms's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.956	/	( (21.604	+	20.145)	/ 2 )
=	-1 * -0.956	/	20.8745
=	4.58 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.188	+	7.416
=	21.604

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.987	+	7.158
=	20.145

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vital Farms (FRA:5KH) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Vital Farms Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Vital Farms's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vital Farms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vital Farms Inc (FRA:5KH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

VITL:USA 5KH:Germany

Address

3601 South Congress Avenue, Suite C100, Austin, TX, USA, 78704

Website

https://www.vitalfarms.com

Vital Farms Inc is an ethical food company. The company retails pasture-raised eggs and butter. Its products include Pasture-Raised Eggs and Pasture-Raised Butter & Ghee. The company's purpose is rooted in a commitment to Conscious Capitalism, which prioritizes the long-term benefits of each of its stakeholders (farmers and suppliers, customers and consumers, communities and the environment, employees, and stockholders).

Vital Farms Headlines

No Headlines